Mary's Utility Function Is U(x,y)= 4x^1/2 + Y

question 44

Multiple Choice

Mary's utility function is U(x,y) = 4x^1/2 + y. She has 25 units of x and 12 units of y. If her consumption of x is reduced to 0, how many units of y would she need in order to be exactly as well off as before?

• A)112 units
• B)32 units
• C)37 units
• D)48 units

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